Initial Public Offerings: Is There Money Left on the Table? Comparative Study of the Top Five IPOs in Poland and the United States
Initial Public Offerings: Is There Money Left on the Table? Comparative Study of the Top Five IPOs in Poland and the United States
Author(s): Nikola Makojević, Nikola Stefanović, Petar VeselinovićSubject(s): Business Economy / Management, Economic policy, Government/Political systems, Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: initial public offerings; IPO underpricing; money left on the table; long-term performance; Poland and United States;
Summary/Abstract: Initial public offerings (IPO) have been attracting remarkable public attention since the late 1990s, especially during the dotcom bubble years. Despite their positive role in creating new companies, IPOs have been connected with many controversies and unsolved questions. Because of that, IPOs have been a subject of significant academic attention, and most articles have been focused on the major issues relating to: hot markets, underpricing, and long-run performance.
Journal: Ekonomista
- Issue Year: 2014
- Issue No: 4
- Page Range: 591-604
- Page Count: 14
- Language: English
